At an international banking seminar this past weekend, prominent figures from the banks of Japan, China, the European Union, and the United States met to discuss their respective monetary systems. For her part, Janet Yellen went on record stating that inflation has been the biggest surprise of the U.S. economy.
The Federal Reserve: The Wolf in the HenhouseDetailsDATELINE: March 23, 2013. The New York Times headline blared: “Cyprus Makes Plan to Seize Portion of High-Level Deposits.” The story details how the island nation devised a raid on civilian checking and savings accounts in an attempt to avoid a national banking collapse.
Too Big to Bail: How Much Can We Really Trust Banks?DetailsFor the first time in history our federal government has more than $20 trillion in outstanding debt. If you think, “It’s the government’s debt, not mine,” think again. The U.S. national debt is, in part, the money that each of us owe a portion of as a taxpayer whether we like it or not, and…
Protecting Yourself in a Nation Burdened with $20 Trillion in DebtDetailsIt’s understandable to want to buy gold coins and bars at a great price. This often means buying as close to the spot price of gold as you can, however, these prices can be hard to come by. Why is this and what can you do to buy gold at a price you’re comfortable with?…
What Does It Mean To Buy Gold at Spot PriceDetailsBitcoin has had a busy few weeks. The most popular digital currency in the world faced price drama, a new legal ban, and harsh words from big banks. Some say the cryptocurrency has bounced back stronger than ever. Others argue that Bitcoin is finally being exposed for the volatile fad that it is. While no…
Is the Bitcoin Bubble Poised to Pop? Proceed with CautionDetailsGold prices have gained more than 9 percent in the past two months and 17 percent in this calendar year, reports The Economic Times. No one knows for sure how high gold could go, today or ten years from now. Some, however, believe that gold prices could shoot as high as $5,000 an ounce. Philip…
Can Gold Go As High As $5,000/oz? Some Say Yes!DetailsAfter North Korea fired a missile over Japan last week, Jim Cramer, the host of CNBC’s Mad Money, recommended, “Have cash. Have gold. Have Velveeta.” Cramer ruminated about how NOKO’s nuclear threats against the United States are truly unprecedented. And this was before Sunday when…
The North Korea Crisis: “Have Cash. Have Gold. Have Velveeta.”DetailsOnce you’ve made the wise move to include physical precious metals in your retirement plan, your next decision may be to choose whether you want to start fresh with a new Self-Directed IRA account, or fund your account with a transfer or rollover. This is one of the most important steps in setting up a…
How to Choose Between a Precious Metals IRA Transfer or RolloverDetailsPerhaps you’re examining a gold coin left to you by your great grandfather, or you’re researching how to buy the best gold coins to pass down to your children and their children to come. Either way, do you know what you’re looking at? As former Customer Relations Director at U.S. Money Reserve, Alan Luckett, says,…
Coin Grading: Does Your Precious Metals Know-How Make the Grade?Details“I already have a 401(k). Why would I want a Self-Directed IRA?” Sound familiar? You may feel like you’re doing great if you’re already contributing to a retirement account, especially given that half of all Americans have nothing at all put away for retirement, per CNBC. But, is one retirement account enough? Can one account…
Self-Directed IRA vs. 401(k): What's the Difference?DetailsPhysical gold can play an important role in a well-diversified retirement portfolio, however, there are certain guidelines involved that must be considered if you want to take advantage of the full benefits such a setup can offer. Physical gold can’t be added to just any retirement account. It usually needs to be incorporated into a…
6 Essential Gold IRA Guidelines to KnowDetailsFor some, buying gold exchange traded funds (ETF) can seem like a good deal. You gain some exposure to gold‘s performance, but without having to arrange for receipt or storage of actual gold. How? A gold ETF trades like a stock, generally tracks the price of gold, and aims to replicate the performance of gold.…
The Hidden Risks of Buying Gold ETFsDetails
